Advancing Financial Development in Latin America and the Caribbean /

This paper examines the state of financial development in the Latin America and Caribbean (LAC) region as well as potential growth and stability implications from further development. The analysis suggests that access to financial institutions has expanded notably in the past decade, and the region...

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Chi tiết về thư mục
Tác giả chính: Heng, Dyna
Tác giả khác: Ivanova, Anna, Mariscal, Rodrigo, Ramakrishnan, Uma
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2016.
Loạt:IMF Working Papers; Working Paper ; No. 2016/081
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt:This paper examines the state of financial development in the Latin America and Caribbean (LAC) region as well as potential growth and stability implications from further development. The analysis suggests that access to financial institutions has expanded notably in the past decade, and the region compares favorably with other emerging market regions on this dimension. The region, however, continues to lag behind peers on broader financial development, especially with respect to markets, though there is substantial heterogeneity across countries. Financial systems in many LAC countries are also underdeveloped relative to their macroeconomic fundamentals. Further financial development could convey net benefits to the region, provided there is adequate regulatory oversight to prevent excesses.
Mô tả sách:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Mô tả vật lý:1 online resource (32 pages)
Định dạng:Mode of access: Internet
số ISSN:1018-5941
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students